CoreWeave Stock (CRWV)

In response to some subscriber emails I am maintaining a small portion of my high-beta, high-tech short package – including (but not restricted to ($SNDK), ($MU), ($CAT), ($INTC), ($AMD), ($AMAT), ($CRWV) etc.) Positions: Short Package VS (including stocks mentioned above)

Another leg lower for momentum, high beta tech (part of my short basket). I am sticking with the remainder of the basket even though some of the drops have been dramatic: Today’s Selected Price Changes in Short Basket * SNDK ($SNDK) -$255 * CAT ($CAT) -$58 * CRWV ($CRWV) -$15 * INTC ($INTC) -$11 * …

I covered one half of my high-beta high tech short basket on the whoosh lower in the Nasdaq. Some of the decline have been dramatic (e.g ($CRWV) -10%; ($SNDK) (-$200) etc. I would reshort on strength. Positions: Short high-tech basket; VS Short SNDK VS CRWV VS

Look no further to the financials at IREN and CRWV. If the economics of data centers were so good, nobody would outsource this and they would all build and run their own: As Warren Buffett once said, the market is a church with a casino attached... and the casino has gotten ...

Allbirds (BIRD), a busted sneaker company, turns into CoreWeave CRWV today. The company's AI pivot sends the stock +665%. This takes the cake! And we have seen this movie before. Position: None